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Distributor Profitability Plan: Smartool Provides Unique Regional Approval + Marketing Assistance
The reality in the commercial refrigeration equipment business is that the profitability of the distributor business itself may not lie in the success of the first piece of equipment but in the strength of partnership business models and market protection. The global partnership relationships that Smartool has with distributors are led by one central idea: ensuring that the distributors enjoy a profitable business in their regions.
1. Specialised Regional Agency System: Fostering Sustainable Market Security for Distributors
It issues eligible distributors exclusive regional agency rights. The company will not create another distributor within the same region, hence no internal competition and price instability when they compete.
The essential meaning of this is that it helps the distributors create a local market order. The distributor is assured of market promotion, demonstration, and acquisition without any fear of price fluctuation or diversioning of customers.
Smartool would like to form long-term relationships with distributors and not merely be a product business. Our view is that a stable market environment enables the distributor to properly invest time and resources in their customers.
2. Free Marketing Materials and System Training Decrease the Costs of Market Start-up and Trial-and-Error
Free marketing materials, distributors may face the following situations in various markets: good products, but there may not be suitable promotion content; customer inquiries and may not fully understand how the product selling points and applications.
To resolve such issues, Smartool offers marketing support for their distributors, including ready-made images, videos, and descriptions for application scenarios, along with perfected marketing text in English, so that distributors can easily set up their marketing display on their websites and offline communication channels.
On one hand, Smartool supplies distributors with product training as well as sales training, including product functions, usage, selection, and answers to frequently asked customer questions, in order to make distributors more professional when communicating with consumers, thus enhancing closing efficiency.
3. The experience with agency cases confirms that cooperation in distribution can be replicable in the real world
In the North American market, a catering equipment distributor, after launching the Smartool ice machines and smoothie machines, was able to promote the products and complete the sales of the first batch of equipment within a short period of time. The machines were working properly and continuously during peak hours, and the positive impacts resulted in the company receiving orders from other stores.
In keeping with the requirements within the Middle East market, Smartool’s agents combine ice makers and smoothie machines in a package for sale to their customers. It not only leads to accumulated sales for individual customers, but customers become loyal to their agents.
In the African markets that were still emerging at that time, the distributor with little refrigeration equipment knowledge was able to start slowly building sample display racks and local contacts through the guidance of Smartool and ultimately established a good steady stream of sales.
Smartool believes that good distribution partnerships result not from one-time business but from the process of accumulation. Also, via the process of regional protection, marketing, and case-sharing, Smartool hopes to grow from strength to strength with each distributor within our respective markets. If your company seeks a supplier that places importance on the long-term interests of its partners/distributors, to the point that it can dedicate resources to market development in collaboration with partners, then Smartool is more than willing to explore opportunities in more depth.